Stated Capital

12 Months Ended

Dec. 31, 2024

Disclosure of classes of share capital [abstract]

Stated Capital

Stated capital

	United States Dollar
Figures in millions unless otherwise stated	2024	2023
Balance at beginning of the year	3,871.5	3,871.5
Balance at end of the year	3,871.5	3,871.5
	Number of shares in issue	Number of shares in issue
In issue at 1 January	893,540,813	891,378,571
Exercise of employee share options	1,483,434	2,162,242
In issue at 31 December1	895,024,247	893,540,813
Authorised1	2,000,000,000	2,000,000,000

1Share capital comprises no par value shares.

Authorised and issued

Holders of shares are entitled to dividends as declared from time to time and are entitled to one vote per share at general

meetings of the Company.

In terms of the general authority granted by shareholders at the AGM on 30 May 2024, the authorised but unissued ordinary

stated capital of the Company representing not more than 5% of the issued stated capital of the Company from time to time at

that date, after setting aside so many ordinary shares as may be required to be allotted and issued pursuant to the share incentive

schemes, was placed under the control of the Directors. This authority expires at the next Annual General Meeting where

shareholders will be asked to place under the control of the Directors the authorised but unissued ordinary stated capital of the

Company representing not more than 5% of the issued stated capital of the Company from time to time.

In terms of the JSE Listings Requirements, shareholders may, subject to certain conditions, authorise the Directors to issue the

shares held under their control for cash, other than by means of a rights offer, to shareholders. In order that the Directors of the

Company may be placed in a position to take advantage of favourable circumstances which may arise for the issue of such shares

for cash, without restriction, for the benefit of the Company, shareholders will be asked to consider a special resolution to this

effect at the forthcoming AGM.

Repurchase of shares

The Company has not exercised the general authority granted to buy back shares from its issued ordinary stated capital granted

at the AGM held on 30 May 2024. Currently, the number of ordinary shares that may be bought back in any one financial year

may not exceed 10% of the issued ordinary share capital as of 30 May 2024. At the next AGM, shareholders will be asked to

renew the general authority for the acquisition by the Company, or a subsidiary of the Company, of its own shares.

Beneficial shareholding

The following beneficial shareholders hold 3% or more of the Company’s listed ordinary shares at 31 December 2024:

	Number of shares	% of issued ordinary shares
Public Investment Corporation (Government Employees Pension Fund)1	189,528,728	21.18%
VanEck Vectors Gold Miners ETF	39,430,264	4.41%

1The beneficial shareholding by the Public Investment Corporation ("PIC") fluctuated below and above 20% during the year and the only transactions between Gold Fields

and PIC related to dividends paid.